Coventry lowers fixed rate
Coventry Building Society has launched a new 3 year fixed rate mortgage with a rate of 4.25%, reduced from 4.49%.
In addition to the new lower priced 3 Year fixed rate, Coventry has extended its range of popular residential products, including:
4.49% 3 Year Fixed Flexx Rate (30.06.13), loan to value 75% (available to remortgagors only)
+2.19% 2 Year Base Rate Tracker (30.06.12), loan to value 65%
+2.39% 2 Year Base Rate Tracker (30.06.12), loan to value 75%
Colin Franklin, sales and marketing director at the Coventry, said: "Many people are looking to remortgage from their current standard variable rate onto a competitively priced rate, and are starting to look around given the potential for rising interest rates."
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